EQUITY

9 Months Ended

Sep. 30, 2011

EQUITY [Abstract]

EQUITY

NOTE 4 - EQUITY

On April 1, 2011, we entered into an Acknowledgment and Release with Beach Freeman Lim & Cleland, a California limited liability partnership ("Beach"), under which we agreed to issue Beach 75,600 shares of our common stock, restricted in accordance with Rule 144, in exchange for Beach agreeing to accept the shares in full satisfaction of any and all amounts we owe Beach.  As of September 30, 2011, we owed Beach approximately $75,589.75 for past services they provided to us. We expect to issue the shares during the three months ended December 31, 2011. The balance owed has been classified as an addition to common shares issuable within our stockholders' deficit section of our condensed consolidated balance sheet at September 30, 2011.

Warrants Outstanding

A summary of warrant activity and changes for the nine months ended September 30, 2011 is presented below:

Warrants	Shares	Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)
Outstanding at December 31, 2010	212,663	$	1.29	3.5
Granted	-		-	-
Expired	(7,397)	$	9.17	-
Outstanding and exercisable at September 30, 2011	205,266	$	1.29	2.9

Additional information regarding warrants outstanding as of September 30, 2011 is as follows:

Exercise Price	Number Outstanding	Weighted Average Remaining Contractual Life (Years)	Number Exercisable	Intrinsic Value of Warrants at September 30, 2011
$.50	200,000	3.5	200,000	-
$31.24	5,266	0.7	4,432	-
$.50 - $  42.90	205,266	3.5	204,432	-